JANAKUASA VIETNAM LIMITED

JANAKUASA VIETNAM LIMITED (CÔNG TY TNHH JANAKUASA VIỆT NAM) is a foreign direct investment (FDI) enterprise established on October 19, 2015, and officially registered with the Tra Vinh Province Department of Planning and Investment. The company is the sole investor and operator of the Duyen Hai 2 Thermal Power Plant, a major energy project in Vietnam’s electricity infrastructure. Fully owned by Janakuasa Sdn Bhd, Malaysia, this enterprise plays a crucial role in power generation and supply, contributing significantly to Vietnam’s national grid and industrial growth.

At the helm of the company is General Director Ti Chee Liang, overseeing a team of 50 employees and ensuring smooth operations at both its head office in Tra Vinh Province and its representative office in Hanoi. Operating under Business ID 2100599599, with a Tax Identification Number (TIN) of 2100599599, JANAKUASA VIETNAM LIMITED is structured to meet Vietnam’s regulatory and environmental standards, reinforcing its commitment to responsible and sustainable power generation.

Over the years, the company has experienced consistent asset expansion, with total assets reaching USD 2.48 billion in 2023, a 3.72% increase from the previous year. Revenue growth has been remarkable, with sales climbing to USD 714.54 million, a 25.64% jump from 2022. However, despite this strong revenue surge, the company faced a profit decline of 41.59%, posting a net profit of USD 67.23 million, signaling increased operational costs or investment expenses. Meanwhile, owner’s equity rose by 15% to USD 650.53 million, further solidifying its financial position and long-term investment capabilities.

JANAKUASA VIETNAM LIMITED’s core strength lies in its power generation capacity, with the Duyen Hai 2 Thermal Power Plant serving as a critical infrastructure component in Vietnam’s energy supply chain. As the country continues to expand its industrial and economic activities, demand for stable and efficient electricity productionplaces the company in a strategic growth position. However, as Vietnam gradually transitions toward renewable energy solutions, JANAKUASA VIETNAM LIMITED will need to navigate evolving regulations, fuel cost fluctuations, and environmental sustainability challenges.

This company report is provided by Vanguard Business Information LLC (VBI), a trusted leader in business intelligence, financial assessments, and risk analysis. VBI equips businesses with critical insights to mitigate risks, optimize investment decisions, and secure profitable partnerships with companies like JANAKUASA VIETNAM LIMITED. Investors and stakeholders looking to engage with Vietnam’s energy sector can rely on VBI’s comprehensive reports for a data-driven approach to market expansion and financial security.